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Jewellery is one of the most valuable assets that people
possess. With increasing purchasing power and lust for
showing high status people are happy to spend a high
amount and thereby jewelry business is growing
manifolds. But since the value of the goods in a jewelry
store is high there is always a threat of theft which
results in huge losses. RFID technology has
overcome this alarming issue by providing solutions to
jewelry stores for fool proof security. In addition the
technology also provides real-time visibility of the
inventory which helps to make accurate purchasing
decisions. RFID in jewelry can thus help to ensure an
optimal supply chain inventory level, while lowering the
overall operating expenses.
PAIN AREAS
• Weak Security: A jewelry store is perhaps one
such store which ha the most highly priced products.
Higher the value higher is the extent of security
required. The threat of theft or loss of assets thus
requires the deployment of a error less tracking
technology.
• Time Consuming Inventory Taking: A jewelry
store stacked with thousands of high valued ornaments
find it difficult to know the exact stock of jewelry in
their stores since currently the entire process is
manual and hence time consuming. The need of these
stores is thus a system that can automate the inventory
taking process thus reducing manual effort and saving
time.
• In-effective contemporary technologies:
Solutions like surveillance cameras and EAS are
in-effective in the present system due to various
reasons. Surveillance cameras are post-treatment method.
It helps in identifying the security breach once the
item is stolen. It does not help in
controlling the theft. EAS becomes unfeasible due to
bigger tag size. Moreover it can be easily detached from
the item.
HOW THE TECHNOLOGY WORKS
1. RFID Sensors are spread across the stores that
keep talking to each and every jewelery item with the
help of tag. They help in getting real-time inventory.
This enables automated and real time inventory
management.
2. RFID Gate Sensor keep track of all items going
out of store. In case of any unauthorized movement,
alarm is raised.
3. Tamper poof tag mechanism: The tags provided
by us are active and cannot be detached easily from the
high value item. It raises an alarm if it is tampered
with.
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